This is default featured slide 1 title
This is default featured slide 3 title
This is default featured slide 4 title
 

Monthly Archives: July 2018

Tips For The Chip Van Insurance

The progress of the food industry, especially the business sector that provides its services through chip vans is on the rise. So, if you are also an owner, we suggest that you make sure that you get the right type of insurance to cover your fish and chip. This will help you stay on the safe side in case of an accident or other tragedies. Given below are some tips that can help you with your chip van insurance.

First of all, if you are going to get your catering business insured for the first time, we suggest that you get several quotes from different van underwriters. How does the process go? As soon as you have filled in your insurance details, they will be sent to a panel of brokers. After carefully reviewing your details, they will send a quote to you. In other words, you will need to fill in an online form to get the quote delivered to you.

Types of Insurance Available

Now, let us take a look at different types of insurance that you can choose from:

Breakdown cover: while this is not essential, you may want to consider it as the downtime can cost you a good deal of money.

Third Party: Actually, this is the minimum as far as the law goes and it covers damage that may occur to the third parties.

Fire and Theft: just like the third party, this cover includes coverage for the damage that may result from fire or theft.

Comprehensive: it will provide coverage for third party theft, fire and any damage to your vehicles.

Tips to Cut Down on your Monthly or yearly Insurance Premium

Add to the Excess

In case you don’t know, the Excess is the amount of money that you can be held liable for if you get involved in an accident. What you need to do is add to this amount. By doing so, you will take additional responsibility and hold yourself accountable for a bigger sum if an accident happens. The majority of brokers will look at it as an indicator of lower risk. As a result, you will get a lower quote. Therefore, increasing the Excess amount is a great idea.

Limit the Miles:

In this scenario, if you don’t travel long distances on a daily basis, you can let your broker know about it and he may lower the insurance premium that you will pay. This is because you may be less likely to have an accident. So, the insurance provider will have a lower chances of receiving a claim. So, this will be a win-win situation for both you and your insurer.

Security:

When your van is not in use, you can add more security for keeping you more secure. However, make sure that the added security is approved by the insurance industry of your area prior to the purchase and installation.

So, these are a few tips that may help you with your chip van insurance. If you follow these tips, you may be able to enjoy lower insurance premiums.

Guide on How To Save On Auto Insurance

Saving is always a wise act. Saving on insurance is good for as long as you do not suffer the essentials in exchange of saving a few bucks. What would be the wisdom in being able to save a little only to spend that much in the end because the auto insurance you got has limited coverage? The point being here is not to advise buyers to get the most expensive auto insurance but rather to give the buyer the chance to discern with regard to what they need and what they will be getting.

The very thing to consider trying to save on auto insurance is getting the right one, granted that you are still on the verge of getting insurance. Here are several ways to save on car insurance:

1) Take advantage of the competition. The very nature of competition, of having several players in the market is to extract the best deal for the client. For insurance companies to attract customers, they must try to offer the lowest premium possible. Although this can be affected by a number of factors like driving record and area or territory which the client lives, it still is a good point to start.

2) Know what coverage you really need. Knowing what you need would pretty much dictate the coverage you would require. At times people are not able to save in getting auto insurance is because they get to pay more for certain coverage they really do not need.

3) Utilize available payment schemes.It is of big help if you can pay for your premium in instalments. You may have to pay a bit more overtime but you may not be demanded to give out a considerable amount of money in one giving. This will be a factor in saving if in the end it allows you elbow room in your finances.

4) Consider the type of car that is less to insure.One way to save on auto insurance that most people tend to overlook is the fact that the kind of vehicle they will insure very much affects the premium. Care to find out which type of vehicle would require lesser premium most especially when you get collision and comprehensive coverage.

5) Choosing your deductible. A deductible is the amount that the insurance does not pay for repairs and is shouldered by the client. Should the client decide to raise his/her deductibles, the insurance premium is lowered.

6) Improving ones credit. A client’s credit is a big factor when auto insurance companies compute for how much to charge. A good credit standing is always favourable.

7) Appeal traffic violations if contestable. A traffic ticket increases the premium in auto insurances. When a traffic ticket aka civil traffic citation is contested, it is always before a judge. If the court finds reason in your plea, the decision will be in your favour. In that case you would not be charged for the violation. No violation, no bad record. No bad record means there will be no increase on your premium.

5 Things You Must Know to Avoid Being Fooled by a Car Insurance Agency

Buying a car is like a dream come true, and also a matter of Pride. Before buying a car a person does much research about the company, latest model, comparing prices and much more, they even take a suggestion from friends and family. For most of the people, the car is a family member. After you have welcomed your brand new car at home, you should also ensure its security. Owning a car is life’s biggest investment, you save for a long time to buy your dream car. But, just possessing a car is not enough, you need to protect your investment.

Car insurance is a very obligatory documentation, which every person owning a car must have.But before opting for a car insurance company, one should first do ground work, compare various insurance companies policies and services, analyze their past work and so on. These days, many virtual companies may approach you for buying insurance from their company, even there are some who have fake services, which does not exist in the real world. So, before considering any company for your brand new car, you should scrutinize through various facts. Let’s discuss some of the things, one should examine before buying a car insurance from any insurance company.

Don’t get hitched for better policies at a low price.

There are many companies in the market, which claims to provide the best insurance service for your car, securing your biggest lifetime investment. Many companies may approach you now and then for buying insurance from their firm, claiming to give your dream vehicle best insurance across the market. Some of them will even offer you the best service at the comparatively low price. But, don’t get fooled by this temptation. Before signing in for the insurance policy, do a proper investigation about the company, its experience, and its market status. Because there are many fraud companies running in the market, whose main occupation is to fool around people and run away with the money.

Search for the company suiting your Car

It is not necessary that the insurance company of your relative can give the best deals to you too. Many companies claim for giving best policies for all kinds of vehicle. You should first make sure that the companies can adequately value your car. They can pay back in the case of any loss, which is worthy of your car’s value.

Compare the interest rates

Before buying a car insurance one should do proper research, compare the interest rates of various car insurance companies available in the market. One should be smart enough to choose the best security to protect one of the most valuable investment. You should compare the price and payment policies and evaluate the best customer’s experience.

Make sure you are dealing with licensed agents

If you are searching for the best car insurance company for your car, you should visit the department of insurance website in your state option.There is the prescribed list of the insurance company, who comes under license.

Common Car Insurance Mistakes to Avoid

1. No Preparation

Before you rush into the market and ask for some quotes, please prepare all the necessary information and write them down on a piece of paper. The data may include personal information such as age, address with zip code, profession, car model and year, etc. Some companies will even require credit score and driving history information. Depending on where you live, please check with local DMV regarding the minimum liability coverage required for every driver. It prevents you from purchasing the wrong coverage and waste of money. Deductible also plays a major role in determining your premium fee. High deductible usually means low premium fee and the other way around. You have to prepare to answer the question before you ask for quotes and make proper comparison between them.

2. Not Comparing Quotes

Some of your friends probably recommend you to purchase insurance from certain company. It can be a good idea as long as your friends have not had any trouble with the premium, claim process, customer service, etc. It is still unwise, however, to choose insurance company only based on someone else’s recommendations. The best thing to do is to contact as many companies as you can and ask quotes from every one of them. Most insurers now allow you to ask for quotes online, and the entire process only takes 10 minutes or less. Use the printed version of the quotes to make a proper and careful comparison. The total cost of the estimate from company to company is more or less the same, but the little details can make a huge difference that separates the bad and good insurers, for example, discounts, payment method, the use of credit score to determine price, etc.

3. Leaving Discounts

All insurance companies have discounts for customers. There are plenty of different discounts available including for senior driver, active military personnel, good student, and safe driver. Discounts are provided for those who took defensive driving courses, bundling other types of insurance, and more. The total amount of price reduction by the discounts can be quite significant saving. The requirements for eligibility can be different from company to company, but you can always ask questions about it to an agent. Try to do the necessary requirement to be eligible and save good amount of money.

4. Leaving All Concerns to Captive Agents

One of the worse car insurance mistakes to avoid is using a captive agent to decide and recommend what is best for you. Please put in mind that captive agent works for insurance company and the agent most likely receives commissions for every sale. It leads the agent to strongly persuade potential customer to purchase insurance from a particular company which is also the agent’s employer. In most cases, captive agent’s opinion towards the insurer will be biased since the only motivation is to make sales instead of customer’s satisfaction. An independent agent is more dependable since he/she works for you, not any insurance company. The agent’s knowledge about insurance and all related issues can be really helpful resources for you to consider everything before making a choice. An independent agent works for the benefit of customers. Such agent may cost you money, but you are free to negotiate the price for the services.

5. Paying in Installments

In some cases, paying in installments is an easier way to manage your monthly expense. However, the total additional cost is probably too much compared to paid-in-full option that installment is not even worth the gap. There is also an administrative cost for breaking down the payment. If possible, please pay in full to save money. It may sound contrasting, but it is indeed the cheapest way to pay insurance premium.

6. Not Choosing a Reputable Carrier

Price is always an important consideration when purchasing insurance. It is not a cheap expense, yet you can make sure that you put your money in the right place if you choose a reputable insurer. Prices of insurance coverage are competitive in the market, and it leads insurers to reduce premium cost to stay in the competition. The bad thing is that certain insurers offer very low price merely to attract buyers without really emphasizing on quality of services. To avoid purchasing from such insurer, you may want to take a glance at insurance company’s rating by independent researcher online such as A.M. Best and J.D Power. They rate insurers based on many factors, for example, financial strength (it shows the ability of a company to pay claim, etc.), customers’ satisfaction (purchasing and claim experience), and more.

7. Not Updating Personal Information

This is one of the common insurance mistakes to avoid. Your life changes over time. Any information used by insurance company affects the premium. Also, you can be eligible for certain discounts as years go by. For example, you get married, have one of your children listed as a driver, you move to a new address, you have a new profession, and so on.

Auto Insurance Guidelines for Buying a New Vehicle

Shopping for a new automobile is no one’s concern but your own, right? The auto insurance industry begs to differ with another take on the matter.

To those companies that make it their business to tailor each and every policy according to owner usage and model, make and year as well as all the features that go along, guiding the new buyer to an appropriate selection is a matter of passion. The logic behind the fervor boils down to dollars and cents. After all, if consumers purchase the right kind of car, van, truck – the type with built-in protective safety qualities – it stands to reason that accidents will not be as prevalent and the insurance claims that come along with them will also be minimized.

So, what do those that worry about general liability, other losses and damages, and lawsuits, tell the new buyer? Keep safety measures and the modern technology that assists in safe driving at the forefront of your must-have list, they say.

Included among the priorities for consideration are the following:

• Forward Collision Indicator
The front sensors are built to forewarn a driver of an imminent collision so that he or she has the time to brake or steer away from the crash.

• Auto Emergency Brake
The safety measure works in conjunction with the collision indicator by robotically braking so as to evade an accident.

• Lane-Exiting Warning
The warning is activated via built-in cameras that follow your vehicle’s position on the roadway. Once it detects an accidental shift off of the lane, it warns you to stay on track.

• Lane-Retaining Backing
The feature automatically directs your car back into the lines of the lane after it detects wandering.

• Backup Camera
Constructed to automatically activate after you shift into reverse, this feature helps you see at the back of your car.

• Automated Stability Control
The feature assists you in being in control under slippery conditions as well as while driving on curvy roads.

• Blind-Spot Recognition
The feature lights up when another car is in one or both blind spots.

• Adjusting Headlights
The headlights move while the car drives on a curve to assist in motorist visibility.

• Pedestrian Automated Emergency Braking
This warns the driver in the event a pedestrian is in the way as it automatically brakes.

• Collision Warning
This feature alerts local EMS if a crash occurs.

For more on what to look for in car safety, speak to a qualified car dealer or an independent insurance agency.